gistfile1.py

from flask import Flask
from flask.ext.sqlalchemy import SQLAlchemy
from flask.ext.admin import Admin
from flask.ext.admin.contrib.sqla import ModelView

app = Flask(__name__)

app.config['SQLALCHEMY_DATABASE_URI'] = 'sqlite:///db.sqlite'
db = SQLAlchemy(app)

admin = Admin(app)

class Thread(db.Model):
    id = db.Column(db.Integer, primary_key=True)
    name = db.Column(db.String(80), unique=True)
    posts = db.relationship('Post', backref='thread')

class Post(db.Model):
    id = db.Column(db.Integer, primary_key=True)
    thread_id = db.Column(db.Integer, db.ForeignKey('thread.id'))
    value = db.Column(db.Float(asdecimal=True))

class ThreadAdminView(ModelView):
    inline_models = (Post,)

    def __init__(self, session, **kwargs):
        super(ThreadAdminView, self).__init__(Thread, session, **kwargs)

admin.add_view(ThreadAdminView(db.session))

db.create_all()

app.run(debug=True, host='0.0.0.0', port=5000)